That to come. But heres editor joel weber. Joel we put together a holiday cover for you. Jason what a year. Joel this is one of the biggest stories of the year. And it started with we work, even preipo chatter. As that coverage developed and went on and on, there was another story we started to think about, which was softbank, one of the biggest investors and we were. We work. Carol softbank, we did talk about it so much. What i love is that you guys go into the layers of softbank division fund. Obviously the leader of it all, but also other players. Visionary at softbank, especially at division fund, this outside force in Silicon Valley, 100 billion vc fund that can do a lot of work because it has so much money. One of the ways it can do that is go into we work and bankroll we work, a Business Model that may not have been for the long haul. Carol funny you talk about the Business Model. Jason joel lets flood the zone with money. Go big or go home. Sometimes that works. We they have ha
Millions marching into the streets of chile. Jason all that to come. But heres editor joel weber. Joel we put together a holiday cover for you. Jason what a year. Joel this is one of the biggest stories of the year. And it started with we work, even preipo chatter. As that coverage developed and went on and on, there was another story we started to think about, which was softbank, one of the biggest investors and in wework. Carol softbank, we did talk about it so much. What i love is that you guys go into the layers of softbank division fund. Obviously the leader of it all, but also other players. Joel the visionary at softbank, especially at division fund, this outside force in Silicon Valley, 100 billion vc fund that can do a lot of work because it has so much money. One of the ways it can do that is go into we work and bankroll we work, a Business Model that may not have been for the long haul. Carol funny you talk about the Business Model. Joel lets flood the zone with money. Go bi
And i think also if you take a snapshot of whats going on right now in the area you would see an increased naval presence without this being organized less convoys for example but if you go back in history back in the late eightys when iran and iraq were fighting a war and attacking each other shipping we saw that quite moisten close escorting up was indeed being and it carried out i think also British Naval vessels so it is a potential scenario and im that of course if that is jason is. Will worsen even more than what we see now thats certainly something that the shipping would appreciate in if the situation does worse and one of the scenarios is of course that the strait of hormuz is closed entirely whats it implications would that be if that happened. To close the strait of hormuz entirely is impossible for for example a country like iran and that would be my assessment but i think it would be difficult to keep it closed for a sustained period of time if its would immediately be tak
Brazils new president . Gdp figures out shortly could confirm a drift back towards recession and on the markets. Us shares fall to their lowest in 3 months as the bond market signals a growing risk of recession adding to those trade war concerns. Asian shares following wall street lower. We start with boeing and the crisis surrounding the 737 max because the boss has been giving his first interview since the two fatal crashes that have led to the plane being grounded around the world. Speaking to cbs news Denis Muilenberg apologized to the families of the 346 People Killed in the lion air and Ethiopian Airways crashes. And he admitted the accidents have damaged public trust and confidence in flying. On wednesday, the International Air transport association said a global ban on the planes by regulators is unlikely to be lifted before august. Boeing has already scrapped its financial forecasts for this year and said the crisis has so far cost it a billion dollars. But that could just be
rising causing residents to track towards higher ground. absolutely nuts. brian: more than 70,000 floridians are without power this morning. governor ron desantis urging residents to get out. time to evacuate is come to an end. you need to evacuate now. the governor will give another update in just about 30 minutes. we will bring that to you live. first, we have live fox team coverage janice dean tracking the storm s latest path. fox news weather we start with robert ray in fort myers. robert? good morning. you know, as light is about to come up here and these rain bands and window really intensify, conditions are deteriorating here in fort myers beach. the gulf of mexico, just a football field over there. churning up. i was just over there. when it gets light, we will show you that. you can see right now, these heavy bands as hurricane ian is right out there. the eye center is about 70 miles from where i m standing it s 30 miles wide and the window fell well over 300